Pacific Gas and Electric Corporation

Electric Utilities
PCG
$ 15 0.85
Share price
$ 31 bn
Market Cap
$ 89 bn
Enterprise Value

Carbon footprint

52 Ton
GHG emissions per $ 1 mln investment
1.4x the weighted average for S&P 500
FY2021
How is this calculated?
+12%
YOY change in GHG emissions
Stronger than the +4.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-3.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -6.6% weighted average for S&P 500
FY2022
How is this calculated?

Pacific Gas and Electric Corporation aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2015


This target has not been verified as science based according to SBTi
Pacific Gas and Electric Corporation's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Pacific Gas and Electric Corporation's GHG emissions (market-based) (Kt of CO2e)
Pacific Gas and Electric Corporation's Carbon intensity (Tons per 1 USDm)

Pacific Gas and Electric Corporation's carbon footprint

Pacific Gas and Electric Corporation reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 4,621 Kt (+501/+12% y-o-y). Carbon intensity also increased marginally to 224 t (+0.8/+0.4% y-o-y).

Pacific Gas and Electric Corporation's Scope 3 emissions increased to 44,852 Kt (+1,899/+4.4% y-o-y). This is a higher growth rate than over the period since 4Q'19 (+2.7% CAGR).

The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2015, which translates into the estimated reduction of -178 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Company environmental metrics

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